The analyst expresses high conviction in AAOI, implying a bullish stance despite the stock not being heavily sold off relative to others.
AAOI was not pummelled relative to other names that got hit hard today, indicating strength or resilience.
@Mr_Menendez_ I have high conviction in AAOI. This is just a list of names that got pummelled today, which they didn't relatively speaking.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -13.0% | -12.9% |
| 1 week | -17.7% | -17.6% |
| 1 month | -32.1% | -32.3% |
| 3 months | — | — |
| 6 months | — | — |